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[136 Pages Report] Voice biometrics market size, analysis, trends, & forecast. The global market for voice biometrics categorized by software, services, applications, types, deployment models, verticals & by regions.
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Scope of The Report The research report categorizes the Voice Biometrics Market to forecast the revenues and analyse the trends in each of the following subsegments: • Software • Services • Managed Services • Professional Services • Consulting • Deployment Integration • Support and Maintenance • Training and Education • Access Control and Authentication • Fraud Detection and Prevention • Forensic voice analysis and Criminal Investigation • Others By Components ByApplications And More…
Key Segments The key factors driving the voice biometrics market include an increasing demand for robust fraud detection and prevention systems across the BFSI industry vertical and need for reducing authentication and identification costs. 1 2 A growing need for advanced access control and authentication systems across industry verticals has been driving the demand of voice biometrics solutions. The technology analyzes voice patterns to create unique identification of every individual based on about 100 physical and behavioral factors, including pronunciation, accent, emphasis, as well as physical characteristics of vocal tract, mouth, and nasal passages. 3 The voice biometrics market by industry vertical covers major verticals: BFSI, telecommunications and IT, healthcare, retail and eCommerce, and government and defense, and others. 4 5 The study includes the in-depth competitive analysis of the key players in the voice biometrics market with their company profiles, recent developments, and key market strategies.
Market Growth Rate CAGR 2019 2024 Market Size of $ 984 million Market Size of $ 2,845 million 23.7%
Key Vendors Major Players • Nuance Communications (US) • NICE (Israel) • Verint (US) • AimBrain (UK) • Voice Biometrics Group (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/voice-biometrics-market-104503105.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
Key Questions Addressed by the Report: • What are the opportunities in the voice biometrics market? • What is the competitive landscape in the market? • What are the emerging technologies impacting the overall market? • What are the key use cases existing in the market? • What are the key trends and dynamics existing in the market?
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